UK economy: Compulsory liquidations hit 10-year high Economics Figures released from the Insolvency Service showed that there were 3,320 compulsory liquidations in 2024, the highest number for 10 years.
Barclays analysts: Lloyds and Natwest shares are ‘too good to ignore’ Banking "A repricing higher in UK rates expectations sees us lift our NII estimates," Aman Rakkar and Grace Dargan wrote in a note published today.
UK economy: Interest rate cut a ‘certainty’ in February after weak data Economics Economists expect the Bank of England to back a third rate cut next month after two important pieces of economic data were published this week.
Inflation: ‘Relief’ for Reeves or a ‘temporary reprieve’? January 15, 2025 Inflation unexpectedly fell in December, but is it 'relief' for Rachel Reeves or just a 'temporary reprieve'?
Inflation falls to 2.5 per cent in boost for Chancellor Rachel Reeves January 15, 2025 The inflation figures come amid a sell-off in the gilt market, which has raised doubts about the government's fiscal plans and even prompted calls for the Chancellor to resign.
JP Morgan: UK policy credibility ‘coming under pressure’ January 14, 2025 Gilt yields, which reflect the cost of government borrowing, have increased significantly in recent weeks.
Persimmon: FTSE 100 builder reaps benefit of higher house prices January 14, 2025 In a trading statement covering 2024, the firm delivered a total of 10,664 homes, up seven per cent on the previous year and slightly ahead of market expectations.
Don’t lose faith on UK interest rate cuts just yet January 14, 2025 What should we make of the outlook for inflation ahead of Wednesday's figures?
UK CFOs set to cut hiring and slash investment following Budget January 13, 2025 Finance chiefs at UK businesses are focused on cutting costs in the wake of the Budget, with investment and hiring set to suffer as a result. Over half (52 per cent) of CFOs surveyed by Deloitte said cost reduction was a strong priority for their business in the wake of the Chancellor’s tax raid. The [...]
Mortgage rates to rise on back of bond market turmoil January 10, 2025 Gilt yields influence the mortgage market through swap rates, the main benchmark for mortgage lending in the UK.